The typical rent in the US climbed 3.2% year-over-year to hit $2,047 in September, Zillow data shows. While higher than a year ago, the rate of rent price growth has been declining for 19 months. On a ...
There has been a lot of media attention paid to the cooling rental market. While many observers are correct in noting the softening of multifamily rent growth, with some boomtowns like Austin and San ...
For years, there’s been a gap between renters’ housing costs and their incomes. And it got even worse during the pandemic, when rents soared and earnings stagnated. That’s according to a recent report ...
Renters spent 29.8% of income on housing in 2024 vs. 17.9% for mortgaged owners. See how renting vs. owning costs compare, ...
Moody’s Analytics finds that renters in the U.S. now pay 30 percent of the median income for the average rent. By Anna Kodé The typical American renter is now rent-burdened — meaning that 30 percent ...